Business briefs.COLUMN: BUSINESS BRIEFS TELEGRAM & GAZETTE Bloomberg Index Central Massachusetts -0.13 166.40 Volume: 56,021,642 Up: 13 Down: 11 Unchanged: 6 Gainer: IPG Photonics IPG Photonics is the leading developer and manufacturer of high-performance fiber lasers and amplifiers. It was founded in 1990 and has currently produced more than 20,000 laser systems. IPG is a global company with manufacturing facilities in the U.S. Corp. $16.20 +$0.40 (Volume of 233,415 shares) Decliner: Sepracor Inc. $20.31 -$0.79 (Volume of 2.2 million shares) Local Unitil seeks raise Unitil Corp., of Hampton, N.H., owner of Fitchburg Gas and Electric Light Co., announced yesterday it has filed an application for a rate increase with the Massachusetts Dept. of Public Utilities, to be effective June 1. The higher rate, which Unitil said is made necessary by increased energy supply costs, would cause an increase of 1.5 percent in monthly bills for a residential customer using 550 kwh per month, but exact bill changes would vary depending on the type of customer and usage, Unitil said in a statement. Charter warned ST. LOUIS - Charter Communications Charter Communications NASDAQ: CHTR is an American company providing cable television, high-speed Internet, and telephone services to more than 5.7 million customers in 29 states. It is the third-largest publicly traded cable operator in the U.S. Inc., one of the nation's largest cable television operators, reported that it has been notified that its stock is not in compliance with a rule of the Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. . Nasdaq officials told the company, which provides cable TV and other services in Central Massachusetts, that Charter's Class A common stock closed below $1 per share for 30 consecutive days, Charter said in a news release. Charter has until Oct. 13 to regain compliance. The company said its stock must trade above $1 per share for 10 consecutive days to meet Nasdaq's listing rule. Business program NORTHBRIDGE - An evening session of the Worcester State Entrepreneurship Certificate Program will be offered beginning May 5 at the Blackstone Valley Chamber of Commerce. The program is open to the public and was developed for entrepreneurs starting or running a small business. The certificate course comprises six sessions, a total of 21 hours of lecture, discussion and practice. Classes are scheduled on Mondays and Wednesdays from 6 to 9 p.m. at the chamber offices at 110 Church St., Whitinsville. A certificate of entrepreneurship from Worcester State College
For more information, visit www.blackstonevalley.org, or call the education foundation at the Blackstone Valley Chamber of Commerce at (508) 234-9090. Radius in Florida SOUTHBORO - RADIUS Staffing Resources LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control has opened an office in Tampa. The professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. company has operations in 12 metropolitan regions. Bank donation MARLBORO Marlboro or Marlborough (märl`bərō), city (1990 pop. 31,813), Middlesex co., E Mass.; settled on the site of a Native American village 1657, inc. as a city 1890. - Marlborough Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. has made a $10,000 donation to the capital campaign of the YMCA YMCA in full Young Men's Christian Association Nonsectarian, nonpolitical Christian lay movement that aims to develop high standards of Christian character among its members. of Central Massachusetts Boroughs Family Branch. The branch serves 14,000 members in nine cities and towns. |
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